The ratio of bulls drops again in the AAII Investor Sentiment Survey, off 3.5 points to 27.6%,...

The ratio of bulls drops again in the AAII Investor Sentiment Survey, off 3.5 points to 27.6%, well underneath the long-term average of 39%. The bearish camp increases 3.6 points to 37.4%. Bullish sentiment peaked out around 51% in early February, and has been declining since.

yeah his to twenty percent correction and his call that the market broke trendlines two weeks ago was spot on, everyone is right if you stick to your trade, eventually, but hey we'll see, he's bullish now right?

The large ups and downs of the economy seem fairly regular and therefore predictable. The low point of the Great Depression was about 1933. The low of the Great Recession, 1973, and once we get past the November election and The Fed lets interest rates rise, the DOW low will come in 2013.

The forty year gap between the lows and the ten year recovery period are due to each generation's spending following their predictable life cycle. When Harry Dent wrote "The Great Boom Ahead" he pretty much spelled it all out. Unfortunately, he was discredited by his later books, probably ghost written, which were designed to keep him on the speaking circuit, with their ridiculous prognostications.